JUST Reaches Self Reported Market Cap of $969.69 Million (JST)

JUST (JST) traded down 1.5% against the US dollar during the one day period ending at 7:00 AM Eastern on July 19th. One JUST token can currently be purchased for $0.0979 or 0.00000152 BTC on popular cryptocurrency exchanges. JUST has a total market cap of $969.69 million and approximately $17.14 million worth of JUST was traded on exchanges in the last day. Over the last seven days, JUST has traded 3.3% lower against the US dollar.

Here’s how related cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• UZDT (UZDT) traded up 0% against the dollar and now trades at $1.00 or 0.00001550 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 1% against the dollar and now trades at $64,497.56 or 0.99984400 BTC.

JUST Profile

JUST’s genesis date was May 5th, 2020. JUST’s total supply is 8,188,743,036 tokens and its circulating supply is 9,900,000,000 tokens. JUST’s official Twitter account is @defi_just and its Facebook page is accessible here. The official website for JUST is just.network/#. The official message board for JUST is medium.com/@tronfoundation/the-testnet-of-the-tron-based-stablecoins-lending-platform-successfully-completed-platform-662e0649209f.

According to CryptoCompare, “UST is a decentralized finance (DeFi) ecosystem built for the TRON blockchain. It is an entire suite of products that are mostly centered around a decentralized stablecoin lending platform known as JustStable. The platform launched in August 2020 following an initial exchange offering (IEO) on the Poloniex LaunchBase platform earlier that same year, but the native governance token of the platform (JST) has been circulating since May 2020. It is a two-token ecosystem built around the USDJ and JUST (JST) tokens. USDJ is a multi-collateral stablecoin that has its value pegged to the value of the US dollar (USD), whereas JST has a variety of functions on the platform — paying interest, helping maintain the platform and participating in its governance, helping to set parameters like interest rates (stability fees) and the minimum collateralization ratio. To obtain USDJ on JUST, traders need to deposit collateral in the form of supported collateral tokens — including TRON (TRX), which are exchanged to PTRX tokens and locked as collateral forming a collateralized debt position (CDP). Depending on the amount of collateral deposited, users can then mint and withdraw USDJ, which must later be repaid to retrieve the initial collateral. The platform is designed to provide a fair and borderless hub of DeFi products, that any TRON user can access. TelegramWhitepaper”

Buying and Selling JUST

It is usually not possible to purchase alternative cryptocurrencies such as JUST directly using U.S. dollars. Investors seeking to acquire JUST should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase JUST using one of the exchanges listed above.

JST/USD price chart by TradingView